2013	2014
Sales		$2100
Cost of Goods Sold		$1200
Other operating expenses		$200
Depreciation Expense		$225
Interest Expense		$175
Current Assets	$1000	$1300
Total Fixed Assets	$3500	$4000
Accumulated Depreciation	$1250	This can be determined from the information given
Current Liabilities	$900	$975
Long-term Debt	$1500	$1350
Common Stock	$400	This can be determined from the information given

A company has the financial data above for years 2013 and 2014. The average tax rate is 35% and the dividend payout ratio is 65%.

A) Construct the 2014 Income Statement.

B) Construct the 2013 and 2014 Balance Sheets.

Please show all steps. Thank you.